Silver supply remains flat while industrial demand—driven by solar and electronics—continues to surge, keeping the market in a deepening structural deficit.
In 1995, nearly four-fifths of China’s exports went to just ten economies. By 2024, the top-ten’s share was reduced to 51%.
China’s rise from 4% of world exports in 2000 to nearly 16% in 2024 reflects a two-decade structural transformation.
The world’s export landscape has been transformed over the past 80 years, from Trans-Atlantic dominance to Japan’s and China’s rise and mega-trading blocs.
China’s accession to the WTO accelerated its shift from the “workshop of the world” to a central node of manufacturing, production and demand.
China accounts for 70% of the world’s operational high-speed rail, with a network that connects every major city and carries a billion passengers.
